3637 E MONTEROSA Street 7, Phoenix, AZ 85018, Phoenix, 85018 - 2 bed, 2 bath
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Phoenix, AZ 85018
This 2-bedroom Townhouse represents a Strong Value Opportunity, listed at $375,000—positioned well below the $380,232 Fair Market Value by 1%. This valuation gap offers $5,232 in Instant Equity for the buyer. Featuring a Fair Condition Rating with original 1970s charm, the property provides a turnkey living experience near the Biltmore and Arcadia districts. With a private fenced backyard and immediate occupancy, this home is an ideal acquisition for first-time buyers or value-conscious owner-occupants seeking a prime Phoenix location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3637 E MONTEROSA Street 7 Subject | $375,000* List Price | 2 | 2 | 1,152 | $330 | - |
A 3243 N 38TH Street 12 Sold | $415,000 | 2 | 2 | 1,275 | $325 | 0.6 mi |
B 3221 N 37TH Street 26 Sold | $462,000 | 2 | 3 | 1,418 | $326 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1970 and features renovations that appear to be 15-25 years old. While the kitchen and bathrooms are well-maintained and functional, the honey oak cabinetry, tile countertops, and black appliances are stylistically dated, placing it firmly in the 'Fair' category as it will eventually require cosmetic updates.
Situated near the prestigious Biltmore and Arcadia districts, this property offers excellent proximity to high-end shopping, dining, and major Phoenix employment hubs.
The home is well-maintained and available for immediate occupancy, providing a turnkey solution for buyers looking to avoid the stress of renovations.
Unlike many multi-family residences, this townhouse features a private fenced backyard, offering a dedicated area for pets, gardening, or outdoor entertaining.
Built in 1970, the property may require ongoing maintenance or future capital improvements to its older mechanical systems and structural components.
The assigned high school carries a lower performance rating, which may be a drawback for education-focused families and could influence future resale velocity.
Fabulous neighborhood near the Biltmore and Arcadia districts. Well maintained 2 bedroom, 1 1/2 bath townhouse with a well equipped kitchen with plenty of storage and fenced back area. HOA has strict pet requirement of 30 lbs weight limit.
No exterior & parking available.
Grades K-8 • 0.7 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,152 | - |
| Lot Size | 648 | - |
| Price | $375.0K | $341.8K |
| Price per sq ft | $326 | $259 |
| Built year | 1970 | 0 |
| HOA | $330 | $0 |
| Days on market | 50 | 1211 |
Jun 2, 2026
$375,000
Initial Listing